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Yahoo buys news app Summly from teenager

19 pointsby soitgoesabout 12 years ago

2 comments

mchusmaabout 12 years ago
This sounds like an acquihire to me: -Shutting the product down -Deal is worth "millions" which could mean $2M<p>My guess is nobody is being made a multi-millionare off this. But I'm not playing a tiny violen, getting acquihired is actually rare/hard to do so good job to them and the team.
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anu_guptaabout 12 years ago
...and shuts it down.
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